Washington, D.C. 20549

Under the Securities Exchange Act of 1934
(Amendment No. 7)*
(Name of Issuer)
Common Stock, $ 0.01 par value
(Title of Class of Securities)
(CUSIP Number)
Michael Mies, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
525 University Avenue, Suite 1100
Palo Alto, CA 94301
+1 650 470 3130
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
November 24, 2014
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box.  o
Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).



Name of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Terence Bernard Wise
Check the Appropriate Box if a Member of a Group
(a)  o
(b)  x
SEC Use Only
Source of Funds
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
Citizenship or Place of Organization
Number of
Owned by
Sole Voting Power
1,608,541 shares of Common Stock
Shared Voting Power
Sole Dispositive Power
1,608,541 shares of Common Stock
Shared Dispositive Power
Aggregate Amount Beneficially Owned by Each Reporting Person
1,608,541 shares of Common Stock
Check If the Aggregate Amount in Row (11) Excludes Certain Shares
Percent of Class Represented by Amount in Row (11)
19.6% of Common Stock
Type of Reporting Person


Item 1. Security and Issuer.
This Amendment No. 7 (“Amendment”) to Schedule 13D relates to the Common Stock, $.01 par value per share (the “Common Stock”), of Forward Industries, Inc. (“Forward” or the "Company"), a New York corporation. The address of the principal executive office of Forward is 477 Rosemary Avenue, Suite 219, West Palm Beach, FL 33401. The initial statement on Schedule 13D, previously filed by Terence Bernard Wise on December 15, 2011, as amended, is hereby amended and supplemented with respect to the items set forth in this Amendment.
Item 2. Identity and Background.
(a) - (c).  This statement is filed by an individual, Terence Bernard Wise (“Mr. Wise”), who resides at Flat 2, 11 Cadogan Square, London SW1X OHT, United Kingdom.  Mr. Wise is a U.K. resident and citizen and is a private businessman involved in the furniture, plastics, luggage and accessories industries.
(d) - (f).  Mr. Wise, who is a U.K. citizen, has not, during the past five years, been (a) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (b) a party to any civil proceeding or a judicial or administrative body of competent jurisdiction as a result of which such person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, or finding any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
No material change.
Item 4. Purpose of Transaction.
As previously described in this statement on Schedule 13D, on June 6, 2014, Mr. Wise delivered a letter to Forward (the "Original Nomination Letter") nominating Mr. Wise, Howard Morgan, Michael Luetkemeyer and Eric Freitag, as nominees for election to the Board of Directors of Forward (the "Board") at the 2014 annual meeting of stockholders of Forward (the "2014 Annual Meeting"). On that same date, Mr. Wise also delivered a letter to the Chairman of the Board, Frank LaGrange (Grange) Johnson, and other Board members, expressing strong disappointment at the management and Board's failure to address the numerous issues facing Forward or engage in a constructive dialogue with Mr. Wise regarding the clear and compelling need for change in the composition of the Board.
On June 26, 2014, Mr. Wise delivered a letter to Forward (the "Second Nomination Letter") nominating three additional nominees, Sangita Shah, N. Scott Fine and Darryl Keys, for election to the Board at the 2014 Annual Meeting. On June 26, 2014, Mr. Wise also delivered a letter to the Chairman of the Board, and other Board members, expressing strong disappointment at the Board's continued failure to engage in a meaningful dialogue regarding the serious corporate governance and performance issues facing the Company.
On November 21, 2014, following a special meeting of the Board on November 14, 2014, at which a resolution was passed to reduce the size of the board from seven directors to five directors, with effect subsequent to the 2014 Annual Meeting, Mr. Wise delivered a letter to Forward (the "Third Nomination Letter") specifying the five nominees he intends to nominate for election to the Board at the 2014 Annual Meeting as Mr. Wise, Mr. Morgan, Mr. Luetkemeyer, Mr. Freitag and Mr. Fine.
Mr. Wise has engaged, and intends to continue to engage, in discussions with management and the Board regarding the nomination of directors at the 2014 Annual Meeting and the composition of Forward's Board, generally, as well as ways to enhance stockholder value.
Mr. Wise does not have any present plan or proposal which would relate to or result in any of the matters set forth in subparagraphs (a) - (j) of Item 4 of Schedule 13D except as set forth herein or such as would occur upon or in connection with completion of, or following, any of the actions discussed herein.  Mr. Wise intends to review his investment in Forward on a continuing basis.  Depending on various factors including, without limitation, Forward’s financial position and investment strategy, changes in market prices of Forward's Common Stock and conditions in the securities markets and general economic and industry conditions, Mr. Wise may in the future take such actions with respect to his investment in Forward as he deems appropriate including, without limitation, continuing to engage in communications with management and the Board, engaging in discussions with stockholders of Forward and others about Forward and Mr. Wise’s investment, making proposals to Forward concerning changes to the capitalization, ownership structure, board structure (including board composition), corporate governance or operations of Forward,  or changing his intentions with respect to



any and all matters referred to in Item 4. Mr. Wise may further purchase, hold, vote, trade, dispose or otherwise deal in the Common Stock at times, and in such manner, as he deems advisable depending on various factors including those set forth above.
Mr. Wise reserves the right to formulate other plans and/or make other proposals, and take such actions with respect to his investment in Forward, including any or all of the actions set forth in paragraphs (a) through (j) of Item 4 of Schedule 13D, or acquire additional Common Stock or dispose of all or part of the Common Stock beneficially owned by him, in the public market or privately negotiated transactions.  Mr. Wise may at any time reconsider and change his plans or proposals relating to the foregoing.
Item 5. Interest in Securities of the Issuer.
(a) and (b) As of the date hereof, Mr. Wise beneficially owns 1,608,541 shares of Forward’s Common Stock, representing 19.62% of the issued and outstanding shares of Common Stock (based on an aggregate of 8,195,808 shares of Common Stock outstanding as reported in Forward's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 15, 2014), including 10,000 shares of common stock subject to options exercisable within 60 days of the date hereof and 15,000 shares of restricted common stock that vest on the first anniversary of the grant date, December 11, 2014.  Mr. Wise has sole voting power over all shares owned by him and sole dispositive power over all the shares owned by him other than the 15,000 shares of unvested restricted common stock over which he does not have dispositive power.
(c) In the 60 days prior to this filing, Mr. Wise has not acquired any of Forward's Common Stock.
(d) and (e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.
No material change.
Item 7. Material to be Filed as Exhibits.
No material change.


After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this Amendment is true, complete and correct.

Date: November 24, 2014
/s/Terence Bernard Wise
Terence Bernard Wise